EU looks to MTNs for first 2019 trade, as primary winds down

The European Union will look to return to the private placement market for the first time since July 2017 to kick-off its funding programme next year. The supranational was also able to take advantage of strong conditions — since weakened — at the start of the week to bring a public market transaction.

By Burhan Khadbai, Craig McGlashan

06 Dec 2018

The supranational expects to make an early visit to the market next year, but in small size.

“Our next transaction will likely be a private placement for around €150m in the first quarter of 2019,” said Stefan Kohler, senior borrowing manager at the EU.